Saudi Arabia Torod raises $1.33 million Seed round led by IMPACT46 Saudi Arabia-based logistics platform Torod, has raised a $1.33 million Seed round led by IMPACT46 with participation from local... News • 20 June, 2022 Torod Impact46 Seedra Ventures
Egypt EFG Hermes' Tanmeyah acquires B2B marketplace Fatura Egypt-based Tanmeyah for Microfinance Services, a subsidiary of EFG Hermes Holding, has acquired Fatura, a provider of B2B e-commerce... News • 17 June, 2022 Fatura
Morocco Digital staffing platform Jobop raises $1 million Seed round Morocco-based Jobop has raised a $1 million Seed round, led by Azur Innovation Fund, with participation from Plug and Play, and business... News • 17 June, 2022 Jodop
Saudi Arabia Wa'ed leads $50 million Series B round for US-based fintech startup Wahed Wa’ed, Saudi Aramco’s Entrepreneurship Centre, has led a $50 million Series B round for US-based fintech app Wahed, which... News • 16 June, 2022 Wa'ed Wahed
Egypt Egypt's Boyot raises fresh funding to digitise real estate payments Egypt-based Boyot has raised a pre-Seed round from a Kuwait-based real estate firm. Founded in 2020 by Mahmoud El Sabongy (CEO) and... Dunya Hassanein • 16 June, 2022 Boyot
Qatar Qatari fintech CWallet raises $875,000 pre-Series A round Qatar-based fintech CWallet has raised $875,000 in a pre-Series A round led by MBK Holding with participation from Angels.qa, and other... News • 15 June, 2022 cwallet MBK Holding W.L.L
Egypt Egypt’s Khazenly raises $2.5 million Seed round Egypt-based logistics platform Khazenly, has fundraised a $2.5 million Seed round, co-led by Arzan Venture Capital and Shorooq Partners,... News • 15 June, 2022 Khazenly Arzan Venture Capital Shorooq Partners
U.A.E Cartlow secures $18 million Series A round UAE-based "reverse logistics" provider Cartlow, has raised an $18 million Series A round, led by Saudi investment firm... News • 15 June, 2022 Cartlow AlSulaiman Group Reverse Logistics
Kuwait Saudi Jadwa acquires majority stake in Kuwait’s Dabdoob Saudi Arabia-based Jadwa Investment has acquired 70 per cent of Kuwaiti company Dabdoob Holdings, marking Jadwa’s first regional... News • 15 June, 2022 Jadwa Investment Dabdoob
U.A.E SmartCrowd raises $3 million bridge round UAE-based real estate crowdfunding platform SmartCrowd, has raised a $3 million bridge round led by Mad’a Investment Company, with... News • 13 June, 2022 SmartCrowd
Egypt The Cairo Angels invests in Nigerian fintech CredPal Egypt-based VC fund The Cairo Angels Syndicate Fund (CASF) has invested an unknown amount in the Nigerian fintech CredPal, which is... News • 13 June, 2022 CredPal Cairo Angles CASF
Egypt Petcare provider Vetwork raises Bridge round Egypt-based petcare platform Vetwork has raised a Bridge round from several investors from Saudi Arabia and members of the Alexandria... News • 13 June, 2022 Vetwork Alexandria Angel Network
U.A.E KOI Ride raises $3 million investment round UAE-based B2B ride-hailing services startup KOI Ride has closed a $3 million round with investment from CEG Invest and Taurus Wealth... News • 12 June, 2022 KOI Ride ride-hailing
Egypt DXwand raises $1 million pre-Series A round Egypt-based AI startup DXwand has closed a pre-Series A investment round of $1 million, led by Huashan Capital, US-based VC firm SOSV,... News • 12 June, 2022 DXwand AI Huashan Capital
Global Chari acquires Ivory Coast startup Diago Morocco-based B2B e-commerce and fintech startup Chari, has acquired Diago, an Ivorian app that connects local shops to FMCG producers... News • 10 June, 2022 Chari
Tunisia GOMYCODE raises $8 million Series A round with participation from Wamda Wamda has invested in Tunisia-based edtech GOMYCODE’s $8 million Series A round, led by France’s Proparco and AfricaInvest... News • 09 June, 2022 GoMyCode
